Global Ocean Trade: Latest Shipbuilding Orders
Tsuneishi have taken an order at their Cebu facility in the Philippines for a total of three 81,600 DWT Kamsarmax for Japanese buyers. Nissen Kaiun declared two…
Wärtsilä Environmental Seal Systems First to Gain Recognition
Wärtsilä has received an important service level recognition for its Wärtsilä Airguard and Wärtsilä Oceanguard propeller shaft sealing systems from Lloyd's Register.
CEVA And Ford Expand Relationship in Michigan
CEVA Logistics, one of the world’s leading supply chain management companies, today announced an expansion of service with Ford Motor Company. CEVA will provide…
Maersk Drilling Orders 20K™ Blow Out Preventer & Risers
Maersk Drilling has ordered four Blow Out Preventers (BOPs) and two risers from GE Oil and Gas to be used in the Project 20K™ agreement with BP. The BOPs and risers…
OMV & Gazprom to Build South Stream in Austria by 2016
Alexey Miller, Chairman of Gazprom's Management Committee and Gerhard Roiss, Chief Executive Officer of OMV inked a Shareholders Agreement for the South Stream Austria joint project company.
Port Canaveral Signs 35-year Agreement With GT USA
On June 23, Port Canaveral signed a 35-year agreement with GT USA, the United States business arm of international terminal operator Gulftainer, to operate and develop…
APM Terminals Boosts Crane Capacity at Maasvlakte II
APM Terminals concluded a contract with Austrian-based crane manufacturer Hans Kuenz GmbH in combination with ABB of Sweden for an additional 22 Automated Rail-Mounted Gantry Cranes (ARMGs).
Peak Re Appoints Credit & Surety Underwriter
Peak Reinsurance Company Limited (“Peak Re”), the fast growing Hong Kong based reinsurer announced the appointment of Kathleen Koh as Senior Vice President to underwrite credit and surety business.
Repsol Makes Russia’s Largest Hydrocarbons Discovery in 2 yrs
Repsol has made two new discoveries in the Russia’s Karabashsky blocks, in the West-Siberian Ouriyinskoye field. The recoverable resources from the Gabi-1 and Gabi…
Port Everglades Updates Master/Vision Plan for Future Growth
Port Everglades is planning for the year 2033 with an updated roadmap for future growth over the next 20 years that identifies $1.6 billion in capital investments to improve productivity for cargo…
Sydney Port Tariff to Rise
A Port Tariff increase will come into effect for New South Wales ports covering Sydney (Gore Bay, Port Botany and Kurnell) from August 1, 2014, GAC reported in its daily Hot Port News report.
Fast Craft and Innovative COTS Solutions

Many variables drive the design decisions for High Speed Craft and RHIBS. Commercial off the Shelf Solutions often tie all of these together. The world is changing fast and nowhere is this truer than in the fast boat sector. When selecting a new boat, the questions used to be relatively simple: how long, how many engines, what fuel type and how fast? Military and professional maritime organizations have been driving the evolution of extreme fast craft for over 30 years.
Mother Nature Can’t End Dredging Crisis
There has been a lot of speculation of late that the gargantuan ice fields covering the Lakes this winter will, when they finally melt, raise water levels significantly…
Protecting Your Right to a ‘Bon Voyage’
The National Transportation Safety Board’s Earl F. Weener responds to our March 2014 MarineNews BY THE NUMBERS feature, entitled “Passenger Vessel Safety Record…
Howard Delivers Commencement Address at Kings Point

The class of 2014 from the U.S. Merchant Marine Academy (USMMA), which included 225 new Merchant Marine and Military Officers, graduated in Kings Point, New York on Saturday. Vice Admiral Michelle J. Howard, Deputy Chief of Naval Operations for Operations, Plans and Strategy, delivered the commencement address to over 2,300 graduates, family members and representatives from the federal government, U.S. military and maritime industry. "America is a maritime nation," said Howard.
FORAN Users Convene for FORUM 2014

Organized every two years among the FORAN users, the Eight FORAN Users Meeting (FORUM 2014) took place from June 11-13 in the Parador de la Granja, Segovia. The event started on Wednesday, June 11, with a guided visit to the Royal Palace and Gardens of La Granja, and with a welcome reception to the nearly hundred participants that arrived from all over the world. On Thursday, June 12, Rafael de Góngora…
Carnival's Profit Forecast Down

Carnival Corp, the world's largest cruise operator, forecast an adjusted profit below market estimates for the current quarter, blaming increased competition in the Caribbean. Shares of the company, which operates the Carnival, Holland America and Costa cruise lines, fell as much as 3 percent. "The North American brands are ahead on price but are still behind on occupancy as a result of the large increase in industry capacity in the Caribbean…
Training to Prevent Marine Accidents & Deaths
Reducing accidents depends on knowledge, skill and just as importantly, attitude, says the Indian Maritime Administration. And, human error is not always just seafarer error.
Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Raytheon Anschütz Makes Landmark Delivery

Raytheon Anschütz, a German-based navigation system supplier, delivers its 15,000th Standard 22 Gyro Compass in June 2014. Onboard the superyacht Esmeralda the jubilee compass will replace an old Anschütz Standard 4 Gyro Compass which has been in operation for more than 30 years. The new generation of the Anschütz Gyro Compass – Standard 22 – was presented 10 years ago at SMM in Hamburg. Today, approximately 1,800 Standard 22 compasses are sold per year.